How to Profit from Overlooked and Unloved Properties
One of my all-time favorite real estate plays is to buy what I call “overlooked and unloved.” You find a property that’s undervalued; a half-finished villa, a large abandoned lot, an older home that’s dark and drab…and you get it for a steal. Then you clean it up, finish the building off or subdivide the lot and sell on for a big profit.